16 Franklin Street #2501
Salem, MA 01970
3
Bed
2
Bath
1,569Sqft
Perched atop RIVERWALK, this exceptional penthouse residence offers luxury single-level living with sweeping river and city skyline views. Ideally located minutes from commuter rail service to Boston and the acclaimed dining, shopping, and cultural attractions of historic downtown Salem, it combines urban convenience with waterfront tranquility. The thoughtfully designed three-bedroom, two-bath layout features soaring ceilings, oversized windows, and an open-concept living space finished with wide-plank European oak flooring. The chef-inspired kitchen showcases Bosch appliances, custom cabinetry, and elegant quartz surfaces. The private primary suite includes a walk-in closet and a spa-like bath with radiant heated floors, dual vanities, glass shower, and smart bidet. Amenities include hea
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Total Bedroom: 3 Window Feature: Insulated Windows -
Flooring Information
Wood, Tile -
Roofing Information
Rubber -
Interior Features
Elevator Roof: Rubber Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer Laundry Features: First Floor, In Unit -
Heating & Cooling
Heating: Central, Heat Pump, Electric Cooling: Heat Pump Water front: Yes WaterSource: Public
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Building Information
Year Built: 2025 Construction Materials: Frame Security System: Intercom, TV Monitor Basement: N -
Exterior Features
DeckPorch: Deck
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Lot Information
Lot Size Units: Acres Waterfront: Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public) Stories: 1Property Information
Property Type: Residential Sub Type: CondominiumStructure Type: Garden SQ ft (Living Area): 1,569
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Listing Price Information
Original Listing Price: $1200000
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Tax Information
Parcel Number: 2132543 Annual Tax: $0
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Parking Information
# of Garage Spaces: 1 Has Garage: Yes Attached Garage: Yes Parking Total: 1 Attached, Garage Door Opener, Heated Garage, DeededHomeowners Association InformationIncluded Fees: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds Included Amenities: Elevator(s), Fitness Center, Clubroom HOA: $776.00 Monthly
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Location Information
Direction: North/1A/114 to Franklin. Next to Furlong Park
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 96 Derby Street #1, Salem, MA, 01970 | $415,000 | 2 | 2 | 971 | 971 SqFt |
| 125 Derby Street #D, Salem, MA, 01970 | $549,500 | 2 | 2 | 1,416 | 1,416 SqFt |
| 33 Essex St #1, Salem, MA, 01970 | $295,000 | 1 | 1 | 571 | 571 SqFt |
| 149 Derby St #C, Salem, MA, 01970 | $349,900 | 1 | 1 | 470 | 470 SqFt |
| 16 Loring Avenue #3, Salem, MA, 01970 | $475,000 | 2 | 1 | 861 | 861 SqFt |
| 16 Loring Avenue #2, Salem, MA, 01970 | $555,000 | 2 | 1 | 1,022 | 1,022 SqFt |
| 18 Loring Avenue #2, Salem, MA, 01970 | $570,000 | 2 | 2 | 1,022 | 1,022 SqFt |
| 18 Loring Avenue #3, Salem, MA, 01970 | $401,000 | 1 | 1 | 635 | 635 SqFt |
| 18 Loring Avenue #1, Salem, MA, 01970 | $619,000 | 2 | 2 | 1,706 | 1,706 SqFt |
| 49 Essex St #2R, Salem, MA, 01970 | $549,900 | 2 | 1 | 1,087 | 1,087 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/01/2026 @ 13:20
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